General Liability Insurance in Pittsburgh, PA
Running a business always comes with a certain amount of risk, no matter what product or service you provide. Investing in general liability insurance is critical to protecting yourself and your business.
General liability insurance is insurance coverage that financially protects businesses against various risks and liabilities. It typically helps cover claims related to third-party bodily injury, property damage, personal injury (such as defamation or slander) and advertising injury. A general liability policy may help cover legal expenses, settlement costs and judgments arising from lawsuits or claims against the insured party.
This insurance is designed to protect against unforeseen events on the insured’s premises or resulting from their business operations. It is a fundamental form of insurance for businesses, as it offers financial security and peace of mind by mitigating the potential financial burdens associated with accidents, injuries or property damage that could lead to legal actions.
What Does General Liability Insurance Cover?
The following are some areas that a general liability policy typically covers:
- Bodily injury coverage can help pay for medical expenses, legal fees, and potential settlements or judgments if a third party, such as a visitor or a passerby, gets injured due to your business operations.
- Property damage coverage may help cover damage to third-party property caused by your business operations. For example, if you or an employee accidentally damages a client’s property, this coverage could assist in offsetting the expenses related to repairs or replacements.
- Personal and advertising injury coverage addresses claims of slander, libel or copyright infringement. It can protect your business from the financial consequences of such claims, including legal defense costs and potential settlements.
Where to Get General Liability Insurance
Contact Neofes Insurance Group LLC for all your business insurance needs. We work closely with our customers to tailor coverages, limits and endorsements to fit your operation’s specific risk exposures.